Town government · Preston County, WV

Reedsville's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2022), Reedsville took in $1.0 million and spent $956 thousand.

Latest recorded year: ended June 30, 2022Comes fromGoes to

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Where it comes from

Fees for services (sewer, parks and recreation)41%Federal tax money26%Town taxes25%Fines and other5.2%State tax money2.5%

What stands out

26%

of Reedsville's money comes from federal tax money.Most U.S. cities, towns and villages of under 10,000 people get none.

Town taxes25%

Other taxes
16%$170 thousand
What's in other taxesOccupation and business licenses; public utility taxes and 2 more
  • Occupation and business licenses$140 thousand
  • Public utility taxes$26 thousand
  • Alcoholic beverage taxes$2 thousand
  • Other licenses$2 thousand

Amounts are by Census tax category.

Property tax
8.7%$90 thousand

Fees for services41%

Fees for services
41%$424 thousand
What's in fees for servicesSewer and parks and recreation
  • Sewer$423 thousand
  • Parks and recreation$1 thousand

Amounts are by Census type of charge.

Federal tax money26%

Grants from Washington, paid for by the federal taxes residents also pay.

From the federal government
26%$267 thousand

State tax money2.5%

Money the state passes on, paid for by the state taxes residents also pay.

From the state
2.5%$26 thousand

Fines and other5.2%

Interest, rents and other
3.0%$31 thousand
Fines
2.2%$23 thousand

Where it goes

Water, sewer, trash and utilities48%Roads, transit and parking22%Running the government and other costs14%Police, fire, courts and jails7.7%Interest on debt7.5%All other spending0.8%

What stands out

7.5%

of Reedsville's spending goes to interest on debt.A typical U.S. city, town or village of under 10,000 people spends 1.1%.

Spending by category100%

Water, sewer, trash and utilities
48%$459 thousand
What's in water, sewer, trash and utilitiesSewer systems
  • Sewer systems$459 thousand
Roads, transit and parking
22%$209 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$209 thousand
Running the government and other costs
14%$134 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); other and not broken out and 2 more
  • Central staff services (personnel, purchasing, technology)$107 thousand
  • Other and not broken out$22 thousand
  • Finance, tax collection and budgeting$4 thousand
  • Other government-run businesses$1 thousand
Police, fire, courts and jails
7.7%$74 thousand
What's in police, fire, courts and jailsPolice and courts and legal services
  • Police$72 thousand
  • Courts and legal services$2 thousand
Interest on debt
7.5%$72 thousand
Parks, recreation and libraries
0.6%$6 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$6 thousand
Social services
0.2%$2 thousand
What's in social servicesOther public welfare
  • Other public welfare$2 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Reedsville. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended June 30, 2022. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of Town of Reedsville itself. Other governments that serve the same area (the city, county, school district and state) are separate and not included. Borrowing, transfers between a government's own funds, and pension trust funds are not counted as revenue.